CEO putting a brave face on the delayCompany working with financial institutions and backers for solutionSays Araguaia project still expected to deliver strong marginsShares in nickel miner Horizonte Minerals (HZM:AIM) sank almost 60% on Monday after revealing its 100%-owned Araguaia Nickel Project in Brazil needs 35% more capital expenditure than originally planned and a delay in first production

The mining industry watched with interest on 22 September as electric vehicle maker Tesla revealed a host of innovations at its highly anticipated 'Battery Day', giving clues to where future commodities demand could be.One of the biggest takeaways from the event was Tesla's announcement that it can make a $25,000 electric vehicle - around $10,000 less than its existing cheapest model - by making i

The electric vehicle (EV) revolution has moved up a gear over the past few months as Britain and France confirm plans to phase out the sale of diesel and petrol cars by 2040.Car manufacturers such as Volvo and Jaguar Land Rover are developing electric or hybrid vehicles as fast as they can; and even non-car companies including vacuum cleaner specialist Dyson are moving into the electric vehicle sp

Fancy doubling your money in a year by investing in an exciting stock? Sounds great, doesn't it? It's harder than you think, but certainly not impossible.Over the past 12 months, robotic process automation specialist Blue Prism (PRSM:AIM) is up by 439%; online musical equipment retailer Gear4Music (GFM:AIM) has increased by 341%; and computer games service group Keywords Studios (KWS:AIM) is tradi

'I don't understand why. What am I missing?' came the cry from investors as Sirius Mineral's (SXX:AIM) share price plummeted 26% upon publication of its final study on the York Potash mine (17 Mar). Many people thought the study would drive up the shares - not the opposite.Given that mining is showing signs of a resurgence, let's revisit the concept of feasibility studies and how one might expect

The ability for £7.8 million cap Horizonte Minerals (HZM:AIM) to buy a nickel project for a fraction of the money spent on proving up the asset is indicative of the desperate situation facing large cap miners. Glencore (GLEN) has agreed to sell its Araguaia prospect in Brazil to the small cap for $8 million, thought to be approximately one tenth of the major's expenditure to date.The fire sale pr

London shares nudge lower in early trade on Monday, surrendering some of Friday's solid gains, in the wake of a mixed session on Wall Street and in Asia overnight. Europe was lower, too. Miners, financials and pharmas were the primary blue-chip ballast. The FTSE 100 index limps around 24 points to 6,087, a 0.34% decline, a lead followed by mid and smaqll cap indexes, albeit the FTSE 250 and FTSE S

London shares remain flat in early trade on Wednesday with miners acting as a drag and offsetting consumer products gains. Wall Street faded overnight, while Asian markets are mixed and European bourses mildly lower this morning. The UK benchmark FTSE 100 is up just a single point at 6,929, although once again midcaps perform far more strongly, the FTSE 250 index rallying 79 points, or 0.4%, to 18

The sharp decline in the oil price since June has put commodities back on the mainstream news agenda as investors speculate where energy, metal and food prices are headed next. The direction of oil, copper, wheat and other commodities are hugely relevant to investors as they are key raw materials for companies around the world, not to mention a major influence on the cost of everyday living.Amid c

The market has failed to recognise positive events at Horizonte Minerals (HZM:AIM). The miner is at a development stage where several nickel focused peers re-rated, being the point between publishing a pre-feasibility study (Horizonte's came out in March) and starting mine construction.The £26.5 million cap has addressed the market's biggest concern in how it will fund a feasibility study on the

6.5pLoss to date: 5.5%A near-50% rise in the nickel price since January has failed to lift nickel explorer Horizonte Minerals (HZM:AIM), much to our surprise. Horizonte is sitting on a decent project in Brazil that has compelling economics at today's nickel price. The metal is in favour due to supply constraints in Indonesia, one of the world's biggest nickel sources, and possible sanctions on Ru

A better-than-expected economic study (25 Mar) on Horizonte Minerals' (HZM:AIM) Araguaia nickel project in Brazil and more favourable nickel price outlook should drive a re-rating in the stock. The study is exactly what investors desire in today's mining environment, since capital expenditure requirements are below previous estimates and the economics are improving.Horizonte may not have to raise

Home improvement giant Kingfisher (KGF) gains 5.5% at 428.9p as full-year figuresshow better-than-expected pre-tax profits, up 4.1% to £744 million. Raising the full-year dividend 4.7% to 9.9p, the B&Q DIY chain owner will return an extra £200 million to shareholders this year as part of a 'multi-year' programme of extra capital returns. There's also the sale of its stake in German DIY retailer

Promethean seeks spark from USEven though its full-year results (27 Feb) will show another loss, improved cash management at Promethean World (PRW) means nearly 30% of its £65 million market cap will be held in net cash. The educational technology kit supplier would benefit from any hints the US replacement market is sparking into life. (SFr)Goldplat sinks on profit dentAfter November's warning o

Resource firms are coming into focus as investors search for oversold equities and yield opportunities. But anyone deploying cash here needs to step back and take a careful look at the project economics relating to each individual miner or oil and gas play given what is likely to remain a challenging backcloth for commodity prices.When commodity prices were roaring away, picking a successful secto

For the third year in a row, Mining and Industrial Metals & Mining are among the worst performing sectors in the FTSE All-Share. With commodity prices looking more stable and companies taking significant steps to reshape their cost base and prioritise financial returns over corporate growth, now looks a good time for patient investors to go against the herd and snap up the miners, albeit in the kn

A recurring theme among institutional investors in the wake of last week's Mines & Money conference in London is the lack of effort by miners to communicate with shareholders. Accusations abound that management teams would rather 'hide in the jungle' than do regular face-to-face meetings.With no sign of a strong recovery in commodity prices, it is not surprising to see investors demand more intera

Chamberlin checkSpecialist foundry and engineering firm Chamberlin (CMH:AIM) is set to announce its results for the six months to 30 September next week (26 Nov). The market will be looking for management to outline how it intends to improve performance at the group's foundries at Leicester and Scunthorpe. (TS)Quintain's Wembley wayRegeneration specialist Quintain Estates & Development's (QED) int

The decline in nickel prices continues apace so it is interesting to see mining heavyweight Glencore Xstrata (XTA) last week (10 Sep) declare the nickel life cycle story to be 'compelling,' with predictions of a substantial market deficit in five years' time. The FTSE 100 firm will press ahead with large project developments even if it is to defer capital expenditure on some assets.The nickel mark

In July 2012, the fact that the mining sector had, on average, halved in value over the preceding 12 months may have prompted many investors to go value hunting. This sharp sell-off, in the context of massive gains made between 2003 and 2008 and then again during 2009 to 2011, seemed out of the ordinary. Yet in hindsight, buying at this point would have been the worst move. A year later, the secto